Navellier & Associates Inc. Raises Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

Navellier & Associates Inc. lifted its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 12.4% in the fourth quarter, Holdings Channel reports. The firm owned 20,240 shares of the real estate investment trust’s stock after purchasing an additional 2,225 shares during the period. Navellier & Associates Inc.’s holdings in Arbor Realty Trust were worth $280,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Janney Montgomery Scott LLC purchased a new stake in shares of Arbor Realty Trust during the 4th quarter worth about $1,144,000. Nisa Investment Advisors LLC grew its holdings in shares of Arbor Realty Trust by 29.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock worth $1,459,000 after purchasing an additional 23,987 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Arbor Realty Trust by 52.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock worth $4,535,000 after purchasing an additional 100,055 shares during the period. Pathstone Holdings LLC boosted its holdings in Arbor Realty Trust by 42.0% in the 3rd quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock worth $2,057,000 after acquiring an additional 39,072 shares during the period. Finally, EMC Capital Management boosted its holdings in Arbor Realty Trust by 23,453.8% in the 4th quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock worth $261,000 after acquiring an additional 18,763 shares during the period. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Performance

Shares of ABR opened at $12.00 on Monday. The business’s 50 day moving average is $13.65 and its two-hundred day moving average is $14.21. Arbor Realty Trust, Inc. has a 52-week low of $11.87 and a 52-week high of $15.94. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of 8.89 and a beta of 2.03. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67.

Arbor Realty Trust (NYSE:ABR) last announced its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). Arbor Realty Trust had a net margin of 23.99% and a return on equity of 14.94%. The business had revenue of $262.87 million during the quarter, compared to analyst estimates of $88.92 million. Analysts forecast that Arbor Realty Trust, Inc. will post 1.68 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on ABR. Keefe, Bruyette & Woods decreased their price target on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their price target on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.00.

Insider Buying and Selling at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green bought 5,269 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were bought at an average cost of $14.17 per share, with a total value of $74,661.73. Following the transaction, the director now directly owns 178,797 shares in the company, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.70% of the stock is currently owned by corporate insiders.

Arbor Realty Trust Profile

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. The company operates through Structured Business and Agency Business segments. It primarily invests in bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related joint ventures, real estate-related notes, and various mortgage-related securities.